Wednesday, 26 January 2022

Crude Oil Forecast: Overbought RSI to Accompany Higher Crude Prices

An overbought reading in the Relative Strength Index (RSI) is likely to be accompanied by higher crude oil prices like the behavior seen earlier this month.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...